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Puerto Rico Legalizes Slots Outside Casinos
The new law, enacted as part of a comprehensive reform of the island’s tax code, transfers some 25,000 non-casino EGMs from the gray market into the legal market. The government expects the change to boost its coffers by $160 million a year in new revenue. The law will put yet another nail in the coffin of the territory’s casino industry, including Casino de Puerto Rico (l.), which has been struggling for years.
